Monsanto's Stock Is Tanking. Is the Company's Own Excitement About GMOs Backfiring?

I started to put this in another forum but knowing how many feel about Monsanto I figured this forum is 'current good news' for many... if true. The
article says many farmers are turning away from Monsanto's GMO crops and roundup herbicide which is causing their profit margin to decline and their
stock to drop 25%.

Mother Jones article so believe what you will..

Pity Monsanto, the genetically modified seed and agrichemical giant. Its share price has plunged 25 percent since the spring. Market prices
for corn and soybeans are in the dumps, meaning Monsanto's main customers—farmers who specialize in those crops—have less money to spend on its
pricey seeds and flagship herbicide (which recently got named a "probable carcinogen" by the World Health organization, spurring lawsuits).

Monsanto's long, noisy attempt to buy up rival pesticide giant Syngenta crumbled into dust last month. And Wednesday, Monsanto reported quarterly
revenues and profits that sharply underperformed Wall Street expectations. For good measure, it also sharply lowered its profit projections for the
year ahead.

a reply to: glend
Does that mean somewhere there is an opposite of Monsanto? Is there a responsible seed and pesticide company in this world.
This is a serious question as I have no idea who would replace them. They have set up the seed system so farmers have to buy seed every year for the
new crops. Would it be possible for farmers to go back to family seed banks and keep them for generations, as before.
How would it play out if they went bust?

Now if we could get people to not buy products from other evil corporations we could really start to make a difference. For instance if we could
boycott Nestlé corporation until the CEO leaves or stops trying to control the world water supply, we could make a difference.

Bayer's potential acquisition of Monsanto would create a giant seed and farm chemical company with a strong footprint in the U.S., Europe and
Asia, combining two businesses with complementary geographical focus.

But Bayer might have to shed part of its business because of anti-trust concerns. And the price tag on any deal would be huge: Monsanto's market value
is around $42 billion.

Germany-based Bayer AG said Thursday in a short statement that its executives had met recently with their Monsanto counterparts "to privately
discuss a negotiated acquisition" of the specialist in genetically modified crop seeds.

A Monsanto statement said that its board was reviewing the proposal, which is subject to due diligence, regulatory approvals and other conditions.
There is no assurance that any transaction will take place, it added.

Bayer shares dropped more than 8 percent to a 2-1/2 year low of 88.39 euros in early Thursday trading, with some investors worried by the potential
cost of a deal.

Monsanto shares were seen 7.6 percent higher at $104.50 in pre-market trades.

UBS Global Asset Management, which Reuters data shows is among Bayer's 30 biggest investors, said it was "deeply concerned" about the burden on
Bayer's finances from a takeover, saying it would prefer the companies to agree a joint venture or a nil-premium merger.

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